Further high grades to over 50% Zn+Pb intersected at Plomosas

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Resource Definition drilling continues to identify additional mineralisation with assays returning grades up to 52.8% combined zinc + lead (LV7040).  Drilling from new cuddy 8.1 encounters significant massive sulphide mineralisation in 3 zones totalling 10.3m in aggregate outside of resource envelope (LV8004) assays awaited);  Given recent drilling results and the target areas identified in the geophysical surveys, the Company has elected to allocate additional funds to regional exploration while maintaining the pace of ongoing resource definition drilling. Therefore the Company decided to cancel the accelerated acquisition of an additional 39% equity in the project as previously announced to conserve funding. The additional project equity will now be acquired in accordance with the original timetable.

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